Missing the impact in impact investing research–a systematic review and critical reflection of the literature

D Schlütter, L Schätzlein, R Hahn… - Journal of Management …, 2024 - Wiley Online Library
Impact investing (II) aims to achieve intentional social impact in addition to financial return.
Our systematic literature review of 104 articles finds that the growing academic literature on …

Do investors care about impact?

F Heeb, JF Kölbel, F Paetzold… - The Review of Financial …, 2023 - academic.oup.com
We assess how investors' willingness-to-pay (WTP) for sustainable investments responds to
the social impact of those investments, using a framed field experiment. While investors …

Do impact investors live up to their promise? A systematic literature review on (im) proving investments' impacts

A Roor, K Maas - Business Strategy and the Environment, 2024 - Wiley Online Library
Impact investing holds the promise to make the world a better place. However, when
investors measure their impact only to prove it—without improving—it cannot be expected …

Is the European Union (EU) Sustainable Finance Disclosure Regulation (SFDR) effective in shaping sustainability objectives? An analysis of investment funds' …

C Cremasco, L Boni - Journal of Sustainable Finance & Investment, 2024 - Taylor & Francis
This paper investigates how investment funds behave in line with European Union (EU)'s
Sustainable Finance Disclosure Regulation (SFDR). The SFDR requires investment funds to …

The effect of sustainable business practices on profitability. Accounting for strategic disclosure

M Cerciello, F Busato, S Taddeo - … Social Responsibility and …, 2023 - Wiley Online Library
This work tackles from an empirical perspective the widely debated relationship between
sustainability in business practices and profitability, focusing on a sample of listed European …

Building eco-friendly corporations: The role of minority shareholders

S Yao, Y Pan, L Wang, A Sensoy, F Cheng - Journal of Business Ethics, 2023 - Springer
Based on China's mandatory requirement for listed firms to implement online voting in their
annual general shareholder meetings, we investigate whether and how minority …

Transformative investment: New rules for investing in sustainability transitions

CCR Penna, J Schot, WE Steinmueller - Environmental Innovation and …, 2023 - Elsevier
Closing the financial gap for promoting systemic socio-economic transformations to achieve
sustainability requires both a substantial increase in investment levels and a qualitative …

Mind the ESG capital allocation gap: The role of index providers, standard‐setting, and “green” indices for the creation of sustainability impact

J Fichtner, R Jaspert, J Petry - Regulation & Governance, 2024 - Wiley Online Library
Environmental, social, and governance (ESG) funds are among the fastest‐growing
investment styles. ESG investing thereby has a governing effect, and a key open question is …

Preserving the integrity of social impact investing: Towards a distinctive implementation strategy

I Bengo, A Borrello, V Chiodo - Sustainability, 2021 - mdpi.com
Social impact investing (SII) is a strategy of asset allocation that aims to generate social and
environmental impact alongside a financial return. Compared to other approaches of …

Between impact and returns: Private investors and the sustainable development goals

F Paetzold, T Busch, S Utz… - Business Strategy and the …, 2022 - Wiley Online Library
We investigate the expectations of wealthy private investors regarding the impact and
financial return of sustainable investments. Our paper focuses on the sustainable …